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NymCard Secures UAE Central Bank License for Open Finance Services
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13.05.202513.05.2025Finance

NymCard Secures UAE Central Bank License for Open Finance Services

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NymCard, a leading embedded finance platform in the MENA region, has officially secured a license from the Central Bank of the UAE to provide Open Finance services. This achievement positions NymCard as one of the first entities in the UAE to integrate regulated payment functionality into a comprehensive financial infrastructure through a single modular platform....

QED Investors Leads $33 Million Investment in NymCard to Enhance MENA's Payments Infrastructure
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19.03.202519.03.2025Investments

QED Investors Leads $33 Million Investment in NymCard to Enhance MENA’s Payments Infrastructure

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NymCard, the only embedded finance platform operating in over 10 countries across the MENA region, has successfully raised $33 million in its latest Series B funding round. This investment was led by QED Investors, marking their largest investment in the region and the first in the Gulf, which highlights the increasing global confidence in MENA’s...